Source: Cailian
Financial News Agency, October 2 (Editor Zhao Hao) On Wednesday (October 1), U.S. stocks opened lower and went higher. The three major indexes rose for four consecutive days, with the Dow and S & P closing at record highs.
As of the closing, the Dow Jones index rose 0.09%, 46.441.10 points, two days of innovation high; the SIP 500 index rose 0.34%, 6711.20 points, refreshed the September 22 recorded; the Nasdaq comprehensive index rose 0.42%, 22755.16 points.
The day before, the U.S. federal government "shut down" again after nearly seven years. During the session, the Senate voted on the provisional appropriations bill proposed by the Democratic Party, but failed to implement it. The Republican bill also failed to pass because Democrats insisted on health care requirements.
Historically, stocks have performed smoothly during government closures. However, considering the impact of a series of economic factors, the risk of this closure may be greater. At present, investors are worried about the slowdown in the labor market and inflation risks, as well as the higher valuations and market concentration of U.S. stocks.
The U.S. Congressional Budget Office estimates that around 750,000 federal employees may be forced to leave each day during the government shutdown.In addition, the Bureau of Labor Statistics’ non-agricultural employment data scheduled for Friday may be delayed.
"We believe that even if the September non-farm payrolls cannot be released before the Fed meeting, officials will have enough labor market information to allow another'insurance 'rate cut of 25 basis points in October," said Atakan Bakiskan, U.S. economist at Berenberg.
Navellier & Associates创始人Louis Navellier评论道：“市场似乎并不担心，那些希望能逢低买入的买家还需继续等待。美股的市场势头依然乐观。”
Popularity Expression
Nvidia rose 0.35% to close at US$187.24, setting a new record again, with its latest market value of US$4.558 trillion. The Philadelphia Semiconductor Index also closed at a new high, up 2.05%. Micron Technology rose 8.86%, and Intel rose 7.12%.
The majority of major tech shares rose (in terms of market value rankings) Microsoft rose 0.34%, Apple rose 0.32%, Google C rose 0.82%, Amazon rose 0.48%, Meta fell 2.32%, and Boeing rose 1.05%.
Tesla rose 3.31%. According to Forbes data, Tesla CEO Elon Musk has become the first person in history with a personal wealth of $500 billion.
Several pharmaceutical companies grew, Boehang rose 10.09%, Aslikon rose 9.96%, Shell rose 8.18%, Merchandise rose 7.39%, Noor and Nord rose 6.63%.
The day before, Pfizer announced a deal with the Trump administration that will ensure U.S. patients get prescription drugs at lower prices. Pfizer rose 6.79%.
Lithium America rose 23.29%, and the U.S. government is reported to be buying a 5% stake in it.
In terms of Chinese concept stocks, the Nasdaq China Golden Dragon Index rose 1.44%.
The majority of high-profile shares in the popular market have grown, the goods will rise by 5.3%, the percentage will rise by 4.3%, the rise of Kyoto by 3.4%, the rise of Alibaba by 2.27%, the rise of Alibaba by 1.69%, the rise of Peugeot by 1.2%, the rise of the ideal car by 0.63%, the rise of Ulla by 0.39%, the rise of the New East by 0.34%, and the rise of the good future by 0.09%.
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